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1.BPTP to raise Rs 1,500 cr

Delhi-based real estate firm BPTP had filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI to raise Rs 1,500 crore to develop its existing and future projects.


2.Vedanta revives Punjab power project

Vedanta Resources has revived its 1980 MW Talwandi Sabu independent power project in Punjab, which was put on hold due to global economic meltdown in 2008.


3.REIT is a de-risked asset and has the potential to raise around $10 billion every year

Rubi Arya, Vice Chairman & Director, Milestone Capital Advisors Ltd A privately held alternative investment advisory firm, Milestone Capital Advisors Ltd specialises in developing highly innovative funds in the real-estate space.


4.Sebi Joseph to lead Otis India

Otis Elevator Company, a unit of United Technologies Corp, appointed Sebi Joseph as Managing Director of Otis Elevator Company (India) Ltd.


5.Are we business-ready?

The anti-corruption movement that began with Anna Hazare has turned into a tsunami with Arvind Kejriwal turning the spotlight on Robert Vadra, Salman Khurshid and Nitin Gadkari. Across the Atlantic, we had another celebrity Indian, Rajat Gupta, taking the rap for 'insider trading' as he was sentenced to two years in prison in the US. The moral conscience is at a heightened state in India and so are expectations of governance.


6.Elevators are expected to grow to 75,000 units by 2015

Opportunities for vertical transportation companies are on the rise like never before. In urban centres and aspirational small towns, developers are building fast, and high. This begs the question: Is India geared to cater to the need of this emerging market? And do we have what it takes to build a world-class elevator? Sebi Joseph, Managing Director, Otis Elevator Company (India) Ltd,answers these questions and more in conversation with SHRIYAL SETHUMADHAVAN.


7.Sebi order seeks to attach realty projects of Sahara Group

Reports indicate that the recent order by the Securities and Exchange Board of India (Sebi) against the Sahara group of companies seeks to attach several real estate projects of the latter. The market regulator recently passed an order based on an affidavit filed on behalf of Sahara India Real Estate Cor


8.Surviving the storm

The Sahara India Group, led by Subroto Roy, Chairman, is facing rough weather as SEBI has ordered the freezing of bank accounts of two of its real estate companies - Sahara Indian Real Corporation and Sahara Housing Investment Corporation Ltd.


9.Truly elevated

Adding a new feather to its cap, Otis Elevator Company (India) has been awarded the largest single contract in the elevator industry.


10.Govt wooes American investment in infra fund

The Indian government wooed American firms and other entities to invest in infrastructure debt fund (IDF). Recently, Commerce and Industry Minister Anand Sharma discussed the matter with his US counterpart Michael Froman. Specifically, Sharma sought investments from US pension funds and insurance firms in IDF. In June 2013, gove


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